What is the Relationship between USDT and JST (Difference between USDT and USD)

What is the relationship between USDT and JST? According to cointelegraph news,

What is the Relationship between USDT and JST (Difference between USDT and USD)

What is the relationship between USDT and JST? According to cointelegraph news, what is the relationship between USDT and JST? According to official Twitter information, these two have strong interoperability in terms of trading protocols. From this perspective, the value of both mainly lies in transaction fees. However, for Bitcoin, this is not so important because only a few users in the Ethereum network use its payment services. The issuer of USDT is BitGo’s subsidiary, bitGoExchangeLimited, which owns a peer-to-peer cryptocurrency trading platform based on blockchain technology called Bitgo.com.

Difference between USDT and USD

According to official sources, what is the difference between USDT and USD? First of all, USDT is a cryptocurrency based on Ethereum.

Both USDT and USD are backed by fiat assets such as the US dollar and are anchored to Bitcoin or other major digital currencies on the blockchain. However, USDT uses a new technology called “Stellar” that ensures traders do not manipulate market prices to obtain funds. In addition, the system provides peer-to-peer transfers, real-time data communication, and decentralized finance (DeFi) products.

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